Funding you earn now, next payment 03:00 UTC−0.0477%/8h= −52.3% APRnext payment −$0.60 per $10,000 · paid last 24h −0.074%
Price spread now: Deribit against Aevo−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 0.038% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XPL-PERP | 0.09621 | 0.0104 | pay 0.0013% / 1h | 56m 44s | $29K | $18K | 3x |
| Short | Deribit XPL_USDC-PERPETUAL | 0.09617 | −0.0373 | pay 0.0047% / 1h | 56m 44s | $46K | $18K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$100.27
- Price spread: −0.038% → 0.000%
- −$3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$127.12
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Aevo and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPL on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XPL_USDC_PERP | −0.0886% | 1h | 0.09620 | −0.007% | $178K | $242K | 10x | as long as short |
| 01 Exchange XPLUSD | −0.0408% | 1h | 0.09671 | +0.523% | $562 | $708 | 5x | as long as short |
| Deribit XPL_USDC-PERPETUALshort | −0.0373% | 1h | 0.09617 | −0.038% | $46K | $18K | 25x | |
| GMX XPL/USD [WBTC.b-USDC] | L −0.0211% / S +0.0571% | 1h | 0.09627 | +0.060% | $111K | — | 100x | as long as short |
| Lighter XPL | −0.0080% | 1h | 0.09670 | +0.512% | $4.4M | $4.2M | 10x | as long as short |
| Orderly PERP_XPL_USDC | −0.0001% | 4h | 0.09623 | +0.024% | $29K | $335K | 10x | as long as short |
| dYdX XPL-USD | 0.0000% | 1h | 0.09674 | +0.558% | $8K | — | 5x | as long as short |
| Reya XPLRUSDPERP | 0.0000% | 1h | 0.07571 | −21.310% | — | — | — | as long as short |
| gTrade (Gains Network) XPL/USD | L +0.0005% / S −0.0003% | 1h | 0.09626 | +0.054% | $59K | — | 150x | as long as short |
| OKX XPL-USDT-SWAP | +0.0035% | 4h | 0.09675 | +0.564% | $8.3M | $53.3M | 50x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPL-USD-PERP | +0.0043% | 8h | 0.09683 | +0.643% | $13K | $2K | 5x | as long as short |
| Nado XPL-PERP | +0.0100% | 1h | 0.09620 | −0.007% | $1.2M | $2.8M | 10x | as long as short |
| Hyperliquid XPL | +0.0100% | 1h | 0.09674 | +0.554% | $61.4M | $47.6M | 10x | as long as short |
| Aster XPLUSDT | +0.0100% | 4h | 0.09647 | +0.275% | $246K | $499K | 20x | as long as short |
| Pacifica XPL | +0.0100% | 1h | 0.09673 | +0.548% | $220K | $47K | 10x | as long as short |
| Binance XPLUSDT | +0.0100% | 4h | 0.09678 | +0.595% | $43.9M | $107.8M | 75x | as long as short |
| Bybit XPLUSDT | +0.0100% | 4h | 0.09672 | +0.533% | $46.5M | $55.7M | 75x | as long as short |
| Gate XPL_USDT | +0.0100% | 4h | 0.09676 | +0.575% | $3.0M | $3.7M | 75x | as long as short |
| MEXC XPL_USDT | +0.0100% | 4h | 0.09677 | +0.585% | $12.6M | $7.8M | 100x | as long as short |
| KuCoin XPLUSDTM | +0.0100% | 4h | 0.09653 | +0.336% | $2.3M | $1.5M | 50x | as long as short |
| Bitget XPLUSDT | +0.0100% | 4h | 0.09682 | +0.637% | $8.6M | $11.1M | 75x | as long as short |
| BingX XPL-USDT | +0.0100% | 4h | 0.09674 | +0.554% | — | $7.9M | — | as long as short |
| Variational Omni XPL | +0.0100% | 4h | 0.09670 | +0.510% | $1.7M | $1.8M | — | as long as short |
| GRVT XPL_USDT_Perp | +0.0100% | 4h | 0.09656 | +0.368% | $259K | $900K | 10x | as long as short |
| ApeX Omni XPLUSDT | +0.0100% | 1h | 0.09670 | +0.512% | $25K | $83K | 50x | as long as short |
| Polymarket Perps XPL-USD | +0.0100% | 1h | 0.09628 | +0.075% | $131K | $2.6M | 10x | as long as short |
| SunX XPL-USDT | +0.0100% | 4h | 0.09600 | −0.215% | $2K | $1.9M | 20x | as long as short |
| SoDEX XPL-USD | +0.0100% | 1h | 0.09610 | −0.111% | $195 | $11K | 10x | as long as short |
| HTX XPL-USDT | +0.0100% | 4h | 0.09620 | −0.007% | $143K | $250K | 20x | as long as short |
| Bulk XPL-USD | +0.0100% | 1h | 0.09660 | +0.408% | $141K | $7K | 10x | as long as short |
| Extended XPL-USD | +0.0104% | 1h | 0.09674 | +0.556% | $651K | $1.1M | 25x | as long as short |
| Aevo XPL-PERPlong | +0.0104% | 1h | 0.09621 | long leg | $29K | $18K | 3x | |
| Phoenix XPL | +0.0328% | 1h | 0.09667 | +0.481% | $196K | $620K | 10x | as long as short |
| Coinbase International XPL-PERP-INTX | +0.0672% | 1h | 0.09766 | +1.510% | $78K | $94K | 50x | as long as short |
| Kraken Futures PF_XPLUSD | +0.3559% | 1h | 0.09659 | +0.394% | $548K | $1.0M | 10x | as long as short |
Deribit XPL_USDC-PERPETUAL
Backpack XPL_USDC_PERP
01 Exchange XPLUSD
GMX XPL/USD [WBTC.b-USDC]
Lighter XPL
gTrade (Gains Network) XPL/USD
OKX XPL-USDT-SWAP
Paradex XPL-USD-PERP
Hyperliquid XPL
Aster XPLUSDT
Pacifica XPL
Binance XPLUSDT
Bybit XPLUSDT
Gate XPL_USDT
MEXC XPL_USDT
KuCoin XPLUSDTM
Bitget XPLUSDT
BingX XPL-USDT
Variational Omni XPL
GRVT XPL_USDT_Perp
ApeX Omni XPLUSDT
Polymarket Perps XPL-USD
SunX XPL-USDT
SoDEX XPL-USD
HTX XPL-USDT
Bulk XPL-USD
Extended XPL-USD
Phoenix XPL
Coinbase International XPL-PERP-INTX
Kraken Futures PF_XPLUSD